In this episode of the Know Your Numbers REI podcast, host Chris McCormack interviews Julie Roy, a seasoned business leader and an experienced real estate investor with several multi-million dollar exits.

Julie shares her wealth of knowledge on building wealth, saving on taxes, and achieving your dreams. 📚💰 She also discusses her experiences in building and selling businesses, as well as her strategies for saving on taxes and achieving financial goals.

Tune in now to gain valuable insights and inspiration from Julie's incredible journey. Don't forget to leave a rating and review if you find value in this episode! 🎧✨

[00:00:10] Building wealth through entrepreneurship.

[00:08:03] Importance of team in business.

[00:09:30] Accountant as long-term wealth partner.

[00:16:51] Passive income through diversified investments.

[00:18:02] Generosity breeds abundance in investing.

[00:23:29] Invest in mentorship and self-improvement.

[00:26:43] Choose mentors wisely, create value.

[00:33:47] Teach children financial literacy.

[00:36:45] Family mission values create success.

[00:40:16] Money is not inherently evil.

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To connect with Julie, visit her website: https://thejulieroy.com/

Connect on Social Platforms:

Facebook: https://www.facebook.com/julie.d.roy.75

Instagram: https://www.instagram.com/thejulieroy/

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#KnowYourNumbersREI #RealEstateInvesting #PodcastEpisode #JulieRoy #BuildingWealth #FinancialFreedom #RealEstateAgent #Investor #Mindset #Mentorship #FinancialLiteracy #Entrepreneurship #EntrepreneurialJourney #FinancialGoals #MoneyMyths #WealthBuilding

Are you worried about making mistakes with your taxes? No stress – our latest video is here to guide you through the essential steps to help you keep more of your hard-earned money. Taxes can be tricky, but we break it down in plain language, making it easy to understand and apply.

In this episode of the Know Your Numbers REI podcast, Chris McCormack, an MBA, CPA, and a Tax Expert in the real estate industry, shares the five things you need to do before year end to properly prepare for the tax season. He highlights the common mistakes people make with their taxes and encourages proactive planning and meeting with a qualified tax professional to reduce tax expenses.

In this informative episode, he'll equip you with insider strategies and expert tips to establish your financial position. From understanding deductions to optimizing credits, we've got you covered. Don't let tax uncertainties hold you back from financial success.

Tune in now, take charge of your finances, and transform tax season into an opportunity for wealth-building!

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#5EssentialSteps #TaxSavings #YearEndTaxPlanning #TaxTips #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

In this episode of the Know Your Numbers REI podcast, host Chris McCormack, CPA, MBA, and Certified Tax Planner, dives into the topic of real estate professional, and why it is important for all real estate investors to understand. Chris discusses the four reasons people get into real estate, the tax benefits of being a real estate professional, and how to ensure you are maximizing your tax advantages. If you want to grow your confidence in the real estate area of the tax code and achieve your financial and tax goals, this episode is a must-listen.

Don't forget to leave a five-star rating and review if you find value in this episode and share it with others who can benefit from these insights. Together, let's grow our own economies and contribute to the growth of our nations' economy.

In this informative episode, we explore the realm of tax planning and address the pressing question: When is the appropriate time to meet with an accountant? Maximizing your tax planning is crucial for individuals and businesses alike, and having the guidance of a knowledgeable accountant can make a significant difference.

Whether you're an individual looking to optimize your personal finances or a business owner aiming to maximize profitability, this video equips you with the knowledge needed to make informed decisions about your tax planning strategy.

Tune in now and embark on a journey of financial empowerment! Don't forget to follow our Spotify channel for more insightful content on financial literacy, tax planning, and strategies for success.

Thank you for listening to the Know Your Numbers REI Podcast! Your path to financial empowerment begins with each episode.

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#MeetingWithAnAccountant #TaxPlanning #ExpertAdvice #AccountantGuidance #FinancialDecisionMaking #TaxPlanningTips #FinancialEmpowerment #TaxConsultation #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a tax expert, MBA, and CPA, discusses the breaking news of Jeff Bezos moving from Washington to Florida and how taxes might have played a role in this decision.

Discover the world of real estate investment and explore the profound impact that taxes can have on the strategic decisions made by investors. Join us as we unravel the complexities of tax considerations and their direct correlation to location choices in the real estate market.

Learn about the tax incentives available for small businesses and why more people are leaving high-tax states like New York and California.

🔍 Key Takeaways:

- Learn how different tax structures influence your bottom line.

- Discover tax-friendly locations that can enhance your investment profitability.

- Gain insights into smart strategies for maximizing tax benefits while minimizing liabilities.

- Understand the latest updates and changes in real estate tax regulations.

Stay tuned for valuable insights and expert advice on navigating the complex world of taxes. 

Don't forget to leave a five-star rating and review and share this episode with a friend who could benefit from this important information.

[00:00:43] Moving to low-tax states.

[00:04:53] Taxes impact location and economy.

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#JeffBezos #TaxImpact #LocationChoices #TaxStrategies #PropertyInvestment #FinancialFreedom #RealEstateWealthBuilding #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

Are you ready to discover the incredible advantages of filing jointly on your taxes? Join us in this informative episode where we delve deep into the world of tax benefits for couples. 

In this episode of the Know Your Numbers REI podcast, host Chris McCormack dives into the topic of marriage and its impact on tax filing. He discusses the common questions and confusion that arise when one spouse is a real estate investor or entrepreneur while the other is a W-2 earner.

Chris emphasizes the importance of tax and financial education, as well as providing clarity and confidence in making tax decisions. Listeners are encouraged to share the episode with others and leave a five-star rating and review to help spread the knowledge.

In this episode, we'll cover:

🔹 The financial advantages of filing jointly as a couple or family.

🔹 How to maximize tax credits and deductions by filing jointly.

🔹 Real-life examples that illustrate the benefits of this tax strategy.

🔹 Expert tips and considerations for joint filers.

[00:01:31] Marriage and taxes.

[00:05:33] Expanding tax benefits for couples.

[00:08:49] Tax benefits for marriage.

[00:10:22] Medical expense deductions for spouses.

Don't miss out on the potential savings and financial advantages that come with filing jointly. Tune in to our weekly podcast to make informed decisions about your taxes and secure a brighter financial future. Stay updated with our latest tax-saving tips and tricks.

Remember, financial empowerment begins with knowledge, and we're here to help you on your journey to financial success. Join us now and take control of your tax benefits!

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

→ → → SUBSCRIBE TO BETTER BOOKS’ YOUTUBE CHANNEL NOW ← ← ← 

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#JointFilingVsSeparateFiling #MaximizeTaxBenefits #StandardDeductions #ItemizedDeductions #TaxEducation #FinancialEducation #RealEstateWealthBuilding #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

In this episode of the Know Your Numbers REI podcast, host Chris McCormack welcomes special guest Tim Cornwell, a realtor for eXp Realty and a successful real estate investor.

Tim shares his journey in the real estate industry and offers valuable insights on the importance of keeping money flowing and in motion. He also discusses the concept of failing forward and the role of faith in business.

Don't miss out on this enlightening conversation!

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To connect with Tim, visit his website: https://www.timcornwell.com/my-story

Connect on Social Platforms:

Facebook: https://www.facebook.com/mrtimcornwell

LinkedIn: https://www.linkedin.com/in/mrtimcornwell/

Instagram: https://www.instagram.com/tim.cornwell/

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#KnowYourNumbersREI #RealEstateInvesting #Podcast #TimCornwell #EXpRealty #RealEstateAgent #Investor #MultifamilyProperties #CommercialRealEstate #Entrepreneurship #FaithInfluence #ChasingPotential #FinancialGoals #MoneyMyths #Currency #WealthBuilding

As a real estate entrepreneur, you've likely mastered the art of property investment, but have you considered the potential benefits of expanding your investment portfolio into the stock market? In this video, we explore the important question: "Should I Invest in the Stock Market as a Real Estate Entrepreneur?"

Chris McCormack, a certified tax expert and MBA in accounting will provide you with valuable insights and expert analysis to help you make an informed decision. Discover the advantages, potential risks, and strategies for diversifying your investments and building wealth in both real estate and stocks. Whether you're new to stock market investing or looking to balance your real estate portfolio, this video offers crucial guidance.

Subscribe to our channel for more financial tips and investment advice to help you make the most of your entrepreneurial journey. Don't miss this opportunity to broaden your financial horizons!

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#RealEstateEntrepreneur #StockMarketInvestment #RiskManagement #TaxGoals #TaxConsequences #FinancialPlanning #InvestmentDecision #InvestmentStrategies #RealEstateVsStocks #RealEstateWealthBuilding #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

Considering a real estate tax strategy involving Qualified Opportunity Zones? This video is your essential guide on what to look out for when navigating this lucrative investment opportunity.

We'll delve into the intricacies of Qualified Opportunity Zones, discussing key considerations, potential benefits, and the rules you need to be aware of. Whether you're a seasoned real estate investor or just starting in the world of property investment, this information can help you make informed decisions and maximize your tax savings.

Don't miss out on this valuable insight into leveraging Qualified Opportunity Zones for your real estate portfolio.

Subscribe to our channel for more expert real estate investment tips and strategies that can help you achieve your financial goals. Your real estate success story begins here!

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

#RealEstateTaxStrategy #QualifiedOpportunityZones #RealEstateInvestment #TaxSavings #OpportunityZoneBenefits #RealEstateFinance #TaxPlanning #PropertyInvestment #RealEstateOpportunities #InvestmentStrategy #TaxIncentives #RealEstateDevelopment #OpportunityZoneRules #RealEstateWealthBuilding #RealEstateInvestmentTips #RealEstateTaxProfessionals #AccountingForRealEstateInvestors #RealEstateTax #RealEstateTaxTips #RealEstateInvestor #KnowYourNumbers #BetterBooks #ChrisMcCormack

In this episode of the Know Your Numbers REI podcast, host Chris McCormack, a Certified Tax Planner and MBA in Accounting, dives into the topic of what to look for in an accountant. Whether you're a real estate investor or simply interested in the potential tax savings and avoidance that real estate offers, finding the right accountant is crucial. 

Chris discusses the importance of expertise, specialization, and ethical practices when choosing an accountant. If you've been frustrated by the lack of intelligent conversations with your current accountant, this episode will provide valuable insights. 

Tune in to learn more and gain confidence in your tax plan and strategy. Don't forget to leave a five-star rating and review if you find this episode helpful!

[00:00:28] Tax savings in real estate. 

[00:05:29] Year-round tax planning. 

[00:07:39] Testimonials and client relationships.

[00:10:41] Creative tax saving strategies. 

[00:13:09] Lack of confidence in tax strategy.

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➤➤➤ To become a client, schedule a call with our team or fill out a contact request form

➤➤ https://www.betterbooksaccounting.co/contact  

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Connect with Chris McCormack on Social Media

Facebook: https://www.facebook.com/chris.mccormack.cpa.mba/ 

LinkedIn: https://www.linkedin.com/in/chris-mccormack-cpa-mba/ 

Instagram: https://www.instagram.com/chrismccormackcpa/  

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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

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